Common use of TRANSFER BY LANDLORD Clause in Contracts

TRANSFER BY LANDLORD. The term "Landlord" means so far as obligations of Landlord are concerned, only the owner of the Building at the time in question and, if any transfer of the title occurs, Landlord herein named (and in the case of any subsequent transfers, the then grantor) is automatically released from and after the date of such transfer of all liability as respects performance of any obligations of Landlord thereafter to be performed. Any funds in Landlord's possession at the time of transfer in which Tenant has an interest will be turned over to the grantee and any amount then due Tenant under this Lease will be paid to Tenant.

Appears in 8 contracts

Samples: Lease Agreement (Nlight, Inc.), Lease Agreement (Lightwave Logic, Inc.), Office Lease (Cross Country Healthcare Inc)

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TRANSFER BY LANDLORD. The term "Landlord" means so far as obligations of Landlord are concerned, only the owner of the Building at the time in question and, if any transfer of the title occurs, Landlord herein named (and in the case of any subsequent transfers, the then grantor) is automatically released from and after the date of such transfer of all liability as respects performance of any obligations of Landlord thereafter to be performed. Any funds in Landlord's ’s possession at the time of transfer in which Tenant has an interest will be turned over to the grantee and any amount then due Tenant under this Lease will be paid to Tenant.

Appears in 4 contracts

Samples: Lease Agreement (Texas Republic Capital Corp), Lease Agreement (Texas Republic Capital Corp), Lease Agreement (Redwood Trust Inc)

TRANSFER BY LANDLORD. The term "Landlord" means so far as obligations of Landlord are concerned, only the owner of the Building at the time in question and, if any transfer of the title occurs, Landlord herein named (and in the case of any subsequent transfers, the then grantor) is automatically released from and after the date of such transfer of all liability as respects performance of any obligations of Landlord thereafter to be performedfirst accruing thereafter. Any funds in Landlord's possession at the time of transfer in which Tenant has an interest will be turned over to the grantee and any amount then due Tenant under this Lease will be paid to Tenant.

Appears in 1 contract

Samples: Net Lease Agreement (Heska Corp)

TRANSFER BY LANDLORD. The term "Landlord" means so far as -------------------- obligations of Landlord are concerned, only the owner of the Building at the time in question and, if any transfer of the title occurs, Landlord herein named (and in the case of any subsequent transfers, the then grantor) is automatically released from and after the date of such transfer of all liability as respects performance of any obligations of Landlord thereafter to be performed. Any funds in Landlord's possession at the time of transfer in which Tenant has an interest will must be turned over to the grantee and any amount then due Tenant under this Lease will be paid to Tenant.

Appears in 1 contract

Samples: Lease Agreement (Digimarc Corp)

TRANSFER BY LANDLORD. The term "Landlord" means so far insofar as obligations of Landlord are concerned, only the owner of the Building at the time in question and, if any transfer of the title occurs, Landlord herein named (and in the case of any subsequent transfers, the then grantor) is automatically released from and after the date of such transfer of all liability as respects performance of any obligations of Landlord thereafter to be performed. Any funds in which Tenant has an interest and which are in Landlord's possession at the time of transfer in which Tenant has an interest will be turned over to the grantee and any amount then due Tenant under this Lease will be paid to Tenant.

Appears in 1 contract

Samples: Lease Agreement (ChromaDex Corp.)

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TRANSFER BY LANDLORD. The term "Landlord" means so far as -------------------- obligations of Landlord are concerned, only the owner of the Building at the time in question and, if any transfer of the title occurs, Landlord herein named (and in the case of any subsequent transfers, the then grantor) is automatically released from and after the date of such transfer of all liability as respects performance of any obligations of Landlord thereafter to be performed. Any funds in Landlord's possession at the time of transfer in which Tenant has an interest will be turned over to the grantee and any amount then due Tenant under this Lease will be paid to Tenant.

Appears in 1 contract

Samples: Lease Agreement (Lifeminders Inc)

TRANSFER BY LANDLORD. The term "Landlord" means so far as obligations of Landlord are concerned, only the owner of the Building at the time in question and, if any transfer of the title occurs, Landlord herein named (and in the case of any subsequent transfers, the then grantor) is automatically released from and after the date of such transfer of all liability as respects performance of any obligations of Landlord thereafter to be performed. Any funds in Landlord's possession at the time of transfer in which Tenant Xxxxxx has an interest will be turned over to the grantee and any amount then due Tenant under this Lease will be paid to Tenant.

Appears in 1 contract

Samples: Office Lease (Telecom Wireless Corp/Co)

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